Tax-fraud ringleader gets 9 years in prison
CLEVELAND — A former Youngstown man who promoted tax and mortgage fraud conspiracy schemes has been sentenced to nine years in federal prison and ordered to make $544,582 in restitution.
Steven R. Hinz, 41, formerly of North Heights Avenue, who the U.S. attorney said was the ringleader in the schemes, drew the sentence today from U.S. District Judge Patricia A. Gaughan.
The judge ordered Hinz to make $458,302 in restitution to Wells Fargo Bank, $36,211 to the U.S. Department of Housing and Urban Development and $50,069 to the IRS. He’ll be on three years of supervised release after he leaves prison.
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